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Deductions & credits

Per IRS Publication 946 - IRS.gov   How To Depreciate Property • Section 179 Deduction • Special Depreciation Allowance • MACRS • Listed..., it would generally be 15-year property. See the screenshot below.

Related information:

  • What is a Section 179 deduction?
  • What is MACRS and MACRS convention?
  • What is depreciation?

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‎June 6, 2019 2:28 AM
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